The Muli Payroll Process
The Payroll Process in Muli commences with your payroll manager ensuring all new employees are added to the master file. This requires, Human Resources details, plus pay rates, allowances, superannuation and taxation details be entered.
With employees in place, the next step involves the creation of labour orders so costs can be allocated to projects. The labour orders are created at the start of a project and there should be a new labour order for each separate element of cost.
Then a pay run is setup – with a separate run for weekly pays, monthly pays and so on.
The process continues with the entry of the employee timesheets, which is done in 2 stages. Employees enter the “worked time” data using the program within the Site & Project Management module. The payroll manager would then complete the entries necessary within the Payroll module to allow the processing of a pay-run.
Next a Pay Validation is run and once any detected errors have been resolved, the payroll manager would produce the executive report , the coinage & payment report, and finally a detailed pay-run report.
The actual posting of the transactions is done by the pay-run payment process program which treats the pay-run as finished, and then processes the direct deposits, produces the payslips and cheques for those who prefer that payment method.
Finally Muli posts a balanced set of payment journals to the accounting systems to debit the project & credit the overhead pay control account – which is the final step in the payroll process.
WHERE TO NEXT ? To learn more about the Payroll Process in Muli, select MODULES from the menu and examine PAYROLL SOLUTIONS.